Which of the Following Is True About the MACRS Depreciation

question 54

Multiple Choice

Which of the following is true about the MACRS depreciation system?

• A)No salvage value is used before depreciation percentages are applied to depreciable real estate.
• B)Residential rental buildings are depreciated straight-line over 20 years.
• C)Commercial real estate buildings are depreciated over 39 years using accelerated depreciation.
• D)No matter when equipment is purchased during the month, it is considered to have been purchased mid-month for MACRS depreciation purposes.

Recognize the principles of the control process, including the steps involved and their significance.

Understand the significance of involving employees in the goal-setting and objectives process.

Comprehend the concept and application of program evaluation and review technique (PERT), including critical path analysis.

Identify and explain the concepts of positive reinforcement and the exception principle in organizational control and performance management.

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Definitions:

Inputs

Resources (labor, materials, equipment) used in the production process to create goods or services.

Social Capital

The networks of relationships among individuals in a society, enabling that society to function effectively.

Worker's Skills

Refers to the abilities and expertise that employees possess, which are utilized in their jobs to perform tasks effectively.

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value to an organization or society.